Looks like good accumulation is going on here long after the trend break can be done only for educational purposes
Looks good on dip buy for long term good accumulation and then breakout
Can become a positional trade if the resistance is taken out so after target is reached booking half quantity and trailing remaining can be done. for risky traders enter now or on any dip for safe traders enter after the level is sustained we are not SEBI registered and this is only for educational purpose and not a buy or sell call.
swing trade mila hai 15-60% profit possibility with loss possibility of 15-20% on the capital deployed Its not a buy or sell call kindly use the analysis as per your own opinion and decisions.
GOOD POSITIONAL TRADE FOR TARGET OF 320-330 clean breakout confirmed for w pattern
Any breakout above the neckline will give a big target.
Possible target 1100 sl 500 The stock was inside a triangle for 6 years and broke the pattern good positional call for long term
bullish stock accumulate near 2600 for target of 3900
Possible breakout soon
Accumulation should be done in Reliance with sl of 1790 and look for the target as provided. Triangle breakout happened in monthly time frame.
Possible horizon for targets are between 8 months to 1 year.
As we can see the channel is broken and now the cup is formed. with handle formation and retest of channel any break above 16300 will lead this to the upper zone as per the path.
Possible break in medium term horizon Entry after breakout should be done and target of 135 can be reached. As we can also see the 200ema is also visible at the neck line of cup and handle and the confluence breakout is the high probability trade setup. Time horizon is 4-6 months
The stock is in uptrend there can be a possible breakout of this cup and handle and target of 2850 can be achieved as a positional trade which can take some weeks or months. Good sl can be below 200 ema in daily time frame which is at 1541.